
About Howden Air and Gas India Private Limited
Data last updated:
Howden Air and Gas India Private Limited is a private limited company based in Kancheepuram, Tamil Nadu, India, a subsidiary of Howden International Holdings Bv. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 15 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U28299TN2002PTC048938. Its GSTIN is 33AAACF6153G1ZY (Tamil Nadu). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹285 Cr and a paid-up capital of ₹267.33 Cr. It was formerly known as Solyvent Flakt (India) Private Limited and Flakt (India) Limited. It is led by directors including Parvesh Mittal (Managing Director) and Amit Khanna.
Its last annual general meeting (AGM) was held on 30 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.147 Poonamalee High Road Numbal Vil Kancheepuram D.T., Tamil Nadu, India – 600077.
As per the financials filed for FY 2025, the company reported a revenue of ₹435.24 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹13.58 Cr (net margin 3.1%) and EBITDA of ₹57.1 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 28% over five years.
The company has about 178 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 15 cases involving the company, including 9 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website howden.com.
Company details
Name history
Howden Air and Gas India has undergone 4 name changes throughout its history. The current legal name is Howden Air And Gas India Private Limited.
| Company Name | Status |
|---|---|
| Howden Air and Gas India Private Limited | Current |
| Solyvent Flakt (India) Private Limited | Previous |
| Flakt (India) Limited | Previous |
| Flakt (India) Private Limited | Previous |
| Howden India Private Limited | Previous |
CIN history
Howden Air and Gas India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28299TN2002PTC048938, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28299TN2002PTC048938 | Current |
| U29199TN2002PTC048938 | Previous |
| U29199TN2002PLC048938 | Previous |
Contact details
Howden Air and Gas India Private Limited's registered office is in Kancheepuram, Tamil Nadu. Its website is howden.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.147 Poonamalee High Road Numbal Vil Kancheepuram D.T., Tamil Nadu, India – 600077
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Howden Air and Gas India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Howden Air and Gas India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Howden Air and Gas India Private Limited, buy the company report.
Financials of Howden Air and Gas India Private Limited
FY 2024 filings availableHowden Air and Gas India Private Limited reported revenue of ₹435.24 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 4% growth in the latest year. EBITDA rose 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹57.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.58 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Howden Air and Gas India Private Limited, buy the company report.
Board of directors of Howden Air and Gas India Private Limited
Howden Air and Gas India has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Khanna | Director | 28 Jun 2024 | 2 Years 4 Months | Current |
| Marius Ferdinand Botes | Additional Director | 19 Nov 2024 | 1 Years 11 Months | Current |
| Parvesh Mittal | Managing Director | 23 Aug 2021 | 5 Years 2 Months | Current |
| Prasenjit Chattopadhyay Also directs: VRV Asia Pacific Private Limited | Additional Director | 15 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Howden Air and Gas India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kusalava International Limited | ₹442.06 Cr (FY 2025) | 4.0% | Adavinekkalam, Andhra Pradesh, India | |||
| Howden Air and Gas India Private Limitedthis company | ₹435.24 Cr (FY 2025) | ₹13.58 Cr | 3.1% | 4.0% | 178 | Kancheepuram, Tamil Nadu, India |
| Ebm-Papst India Private Limited | ₹427.29 Cr (FY 2025) | 30.0% | Chennai, Tamil Nadu, India | |||
| Laxmi Hydraulics Pvt Ltd | ₹420.62 Cr (FY 2025) | 10.0% | Solapur, Maharashtra, India |
To see the full peer comparison of Howden Air and Gas India Private Limited, buy the company report.
Auditor
Howden Air and Gas India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2024 | 008072S |
Shareholding
The shareholding of Howden Air and Gas India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Howden Air and Gas India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2020 | 100431621 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.5 Cr | Open |
To see the full charge records of Howden Air and Gas India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Howden Air and Gas India Private Limited has 15 court cases on record: 9 filed by Howden Air and Gas India, 6 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 1 |
| District courts | 5 | 3 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed by the company against Flumech Engineering (P) Ltd and 2 others | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Flumech Engineering Pvt. Ltd. | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Howden Air and Gas India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Howden Air and Gas India Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 161 overdue payments to 59 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 59)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Om Industries | |||
| Light Industries | |||
| Sharp Designers and Engineers India Private Limited |
To see the full MSME payment records of Howden Air and Gas India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Howden Air and Gas India Private Limited has a workforce of 178 employees on its EPFO records as of Aug 07, 2025, across 2 active EPFO establishments.
GST
Howden Air and Gas India has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACF6153G1ZY | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACF6153G2ZX | Tamil Nadu | Active | 22 Mar 2025 |
| 19AAACF6153G1ZO | West Bengal | Active | 01 Jul 2017 |
| 09AAACF6153G2ZO | Uttar Pradesh | Active | 13 Jul 2022 |
To see the full GST registrations and return filing status of Howden Air and Gas India Private Limited, buy the company report.
Recent activity
Howden Air and Gas India Private Limited has 20 board changes on record since 2011: 4 appointments and 16 cessations. The latest: Prasenjit Chattopadhyay was appointed as Additional Director on 15 Oct 2025.
13 earlier events are in the company report.
Frequently asked questions
Howden Air and Gas India is an active private limited company based in Kancheepuram, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 15 May 2002 (24+ years old) and is registered under CIN U28299TN2002PTC048938.
Howden Air and Gas India has 4 current directors:
- Parvesh Mittal - Managing Director
- Amit Khanna - Director
- Marius Ferdinand Botes - Additional Director
- Prasenjit Chattopadhyay - Additional Director
The latest financial statements of Howden Air and Gas India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Howden Air and Gas India is 33AAACF6153G1ZY, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 33AAACF6153G2ZX (Tamil Nadu), 19AAACF6153G1ZO (West Bengal), 09AAACF6153G2ZO (Uttar Pradesh).
The CIN (Corporate Identification Number) of Howden Air and Gas India is U28299TN2002PTC048938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Howden Air and Gas India has 15 court cases on record: 9 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Howden Air and Gas India was incorporated on 15 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Howden Air and Gas India by revenue are Kusalava International Limited, Ebm-Papst India Private Limited, Laxmi Hydraulics Pvt Ltd, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Prasenjit Chattopadhyay was appointed as Additional Director on 15 Oct 2025. Marius Ferdinand Botes was appointed as Additional Director on 19 Nov 2024. Amit Khanna ceased to be Additional Director on 29 Oct 2024. Howden Air and Gas India has 20 board changes on record in total.
Howden Air and Gas India has 6 MSME Form 1 returns on record between 2022 and 2024, listing 161 overdue payments to 59 micro and small suppliers. The latest return was filed on 01 May 2024.
Howden Air and Gas India can be reached through the website howden.com. Its registered office is in Kancheepuram, Tamil Nadu, India.
The registered office of Howden Air and Gas India is at No.147 Poonamalee High Road Numbal Vil Kancheepuram D.T., Tamil Nadu, India – 600077.

